Ericsson has been selected by Uruguay‘s leading telecom operator, Administración Nacional de Telecomunicaciones (ANTEL), to be the supplier for its dual 2G/3G core network modernization program. Under the contract Ericsson will be
Moody’s Investors Service has changed to ‘positive’ from ‘stable’ the outlook on the D bank financial strength rating (BFSR) of First Investment Bank (FIB) of Bulgaria. The change in rating outlook reflects
ProtoStar Ltd., a Bermuda corporation, and PlanetSky Ltd. of Limassol have announced a strategically important anchor customer lease agreement for PlanetSky to secure C band capacity on ProtoStar’s first satellite to be
Standard & Poor’s Rating Services said it revised its outlook on the Republic of Romania to negative from stable. At the same time, the ‘BBB-/A-3’ foreign currency, the ‘BBB/A-3’ local currency sovereign
Food prices fall  The harmonised consumer price inflation rate (HICP) was 2.7% in October, up from 2.3% in September and 1.7% in October 2006. The consumer price inflation rate, measured on
The industrial output Prices index for September 2007 reached 129.2 (Base 2000=100), recording an increase of 0.8% compared to August 2007 and 4.4% compared with September 2006. For the period January–September 2007,
The public offer bid submitted by SFS Group Public Company Ltd for Triena Investments Public Company Ltd has been concluded successfully considering that after the lapse of the offer, the total stake
Europrofit Capital Investors Public Limited (ERP) announced that 480,511 warrants of have been exercised, which have been converted into 480,511 shares of nominal value CYP0.05 each. As a result, the total issued
The index of industrial production for August 2007 reached 95.4 (base 2000=100), recording an increase of 3.1% compared with August 2006, according to the Statistical Service CYSTAT. For the period January –
The Statistical Service CYSTAT has reported that on the basis of the results of the Passengers’ Survey, 105,173 residents of Cyprus returned from a trip abroad in September 2007, compared with 84,429
